Hey Cobra, I currently taking a break from the original trilogy and trying to improve the incredibly DNRed Phantom Menace transfer from the blu-ray. Unlike AOTC, The Phantom Menace german hdtv stream doesn't help at all to improve the transfer. While it has a lot more grain than the blu-ray and therefore looks more like 'film', its not fine grain but very coarse, the details and colours are very soft and blurry and its filled with spots and dirt everywhere. Of course, theres also the fact that the german hdtv has been massively cropped relative to the blu-ray.
I have found a very interesting way to get more detail out of the TPM blu-ray transfer but the encoding really is taking an AGE (this is on a powerful workstation I built only a few months ago), which is to be expected I suppose because I'm trying to create detail out of nothing and am therefore setting all the encoding settings to maximum quality to try to suck out as much detail as I can. I'm pretty pleased with the results i'm getting (a clear improvement on the blu-ray transfer IMHO) but its going to take a few more days to encode the whole film.
Talking of the DNRed TPM blu-ray transfer, I was looking on google and came across what look like screencaps here: http://www.fanpop.com/spots/star-wars-the-phantom-menace/images/27341708/title/phantom-menace-screencaps-screencap .The quality of these look nice and filmic, with clearly noticable grain. They were uploaded two months ago. Does anybody know whether these screencaps are taken from a blu-ray version of the film in another country that i'm not aware of or are they just part of the promotional material of the 3D release of The Phantom Menace in the cinemas?
Incidently, from what I have read, it seems the cinema transfer is identical to the blu-ray and has been DNRed to high heaven. I'd imagine that that DNR must be pretty painful to watch all enlarged on the cinema screen, especially in 3D...
Getting back to your second question though, i'll be releasing these one at a time as I get each one uploaded. The first will be the LOTR films in order (mostly due to it having been released first on blu-ray and FOTR EE being the film that needed its transfer modified the most), then the Original Trilogy in order and lastly the Prequel Trilogy in order.